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Over Four Decades of Industry-led Collaborative Research Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved. Consortium for Advanced Management - International

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Page 1: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Consortium for Advanced

Management - International

Page 2: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Background on CAM-I

What is CAM-I?

CAM-I (Consortium for Advanced Management-International) is an

international consortium of industry, government and research

organizations.

CAM-I Mission

To serve as a collaborative forum of thought leaders who develop practical

and effective management tools, techniques and methods to advance the

way organizations manage costs, processes and performance.

ABOUT CAM-I

Founded with Department of Commerce support in 1972

Non-Profit, 501c3, Collaborative Membership Organization

CAM-I’s membership is diverse - Manufacturing, Service Companies, Government, Consulting

Companies and Associations

Page 2

Page 3: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Organizations who have and are working with CAM-I

The Boeing Company

Navistar

Pace International

Hitachi Capital (UK) PLC

University of Alberta

Barclays Bank PLC

BCH Electric Limited

Grant Thornton LLP

King County

City of Rock Hill

U. S. Air Force

U. S. Army

U.S. Department of Agriculture

U. S. Patent and Trademark Office

Royal Australian Navy

CPA Canada

SAS Institute

Employees Retirement

System of Texas

Landmark Decisions Inc.

Pilbara Group, Inc.

Bank of America

ViON

Decimal

Dresser-Rand

Whirlpool Corporation

Avnet

Shell Oil

Rockwell Collins

Regence

SAP AG

U.S. Coast Guard

U.S. Health and Human Services

IBM

ON Semiconductor

Texas Instruments

NASA

Proctor & Gamble

BAE Systems

Lockheed Martin

Raytheon

Northrop Grumman

Honeywell International

Johnson Controls

Emerson Electric

Porsche

Harley-Davidson

Chrysler

Honda of America

Deere & Company

Caterpillar

U. S. Marine Corps

U.S. Navy

Department of Treasury

DFW Airport

TSA

Page 4: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

University and Professional Affiliations

Arizona State University

Babson College

College of DuPage

Kellogg (Northwestern)

The University of Akron

Weber State University

University and College

Affiliations

Great Lakes Institute of Management – Chennai

Confederation of Indian Industries (CII)

Institute for Defense Analyses

Technical and Knowledge Partners

Page 5: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Current and Past initiatives

Current Initiatives

Cost Management and Target Costing

Integrated Risk & Value Management

Intelligent Data Quality Management

Performance Management

Environmental Sustainability

Other significant areas CAM-I has worked on

Change Adaptation and Learning

Process Based Management

Business Intelligence

Closed Loop Planning and Budgeting

Operational Data and Cost Measurement

Customer Profitability

Capacity Management

Resource Consumption Accounting

RESOURCES

ACTIVITIES COST

DRIVERS (cause of costs)

COST

OBJECTS (products, services,

customers)

PERFORMANCE

MEASURES

Resource Drivers

Activity Drivers

Process View

Cost Assignment

View

The CAM-I Cross

Page 6: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

CAM-I - Types of Deliverables

• Management Accounting Guidelines.

• White papers, position papers, Standards and Benchmarks.

• Methodology – Product of developing an organized system of

principles, philosophies from group experiences and applications.

• Models - Models for analytics and various business functions.

• Tools - Support the management and measurement of business

processes.

• Training – Based on application by organizations, techniques, best

practices, tangible ROI’s and use of current technologies.

• Assessment of organizations.

Page 7: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Examples of Recent Accomplishments

• Lessons Learned: The Boeing Company Pilot Project to Implement Environmental Activity- Based

Costing/Management Principles

• Use of Cost and Performance Principles to Manage Environmental Sustainability Initiatives.

• Performance Management Assessment and Framework

• Integrated Risk and Crisis Management - The Landscape - 2014, A Concept White Paper – 2013

• Intelligent Data Quality Management – Data Life Cycle Model

• Managing Environmental Sustainability Using Target Costing Principles

• Emerging Issues Paper on Environmental Sustainability, Activity Based Costing – with CPMA

Canada Research and Innovation

Page 8: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Deliverables in Progress

Cost Management and Target Costing Group

This group is working on –

• Linking Value Analysis to public sector and manufacturing organizations study.

• Publishing the results of a study regarding the implementation of shared services.

• Target Costing for Service model.

• Examine Predictive Analytics models and build templates for certain applications.

Integrated Risk and Crisis Management Special Interest Group

Development of the risk-value continuum, value-analysis matrix, and risk-value discussion

guide which identifies where an organization is in terms of optimal risk taking. Update training

with instructions on how to lead an organization through a well-rounded risk-value discussion

at any level of the organization. Incorporate risk-value material into King County Bus Crash

article.

Page 9: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Deliverables in Progress

Performance Management

The group is focused on these Phase III initiatives:

Phase III Key Deliverables:

• PMF Awareness Training for members and guests at quarterly meetings

• PMF Implementation Workshop facilitated in-house for member companies

• PMF Instructor Certification Process and Program (“Train-The-Trainer”)

• On-line Readiness Assessment tools and analytics

• Guidance on integrating PMF concepts with other IGs’ methodologies

Current research and development includes:

• Creating an updated Executive Overview with a more graphical explanation of the

methodology

• Providing high level guidance on improving organizational readiness

• Packaging PMF instructor materials into a practical Implementation Guidebook

• Documenting business success stories in the use of the Framework

• Developing an approach to providing more detailed guidance on specific

improvement techniques and accessing associated reference materials

Page 10: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Deliverables in Progress

Intelligent Data Quality Management

The group is focused on –

• The Intelligent Data Quality Group seeks to develop a framework or equation that can put a

dollar value on any record of data in any data system. The ability to value a record in

quantitative, monetary terms will allow organizations to manage their data using traditional

asset management techniques.

• Each element of the framework (or variable of the equation) is a deliverable of this group.

The first two elements have been defined as deliverables, including:

• Data Lifecycle Stage – The Group examined data lifecycle models throughout the industry

and created a best-of-breed lifecycle model. The deliverable details the activities, enablers,

risks, and valuation considerations of a record of data as it moves through the lifecycle.

• Data Management Maturity – The Group is examining the maturity of an organization with

regard to data management practices, as organizations that have higher levels of maturity

are able to do more with their data, thus the valuation increases. The deliverable will be a

companion approach to the Performance Maturity Model's Information Management

enablement component.

Page 11: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Deliverables in Progress

The Environmental Sustainability Interest Group (ESIG)

• To continue driving its mission, the group is currently developing a pilot activity-based

greenhouse gas (GHG) management model at Weber State University to validate the 2012

whitepaper: Measuring and Managing Environmental Sustainability: Using Activity-Based

Costing/Management (ABC/M). The group intends to demonstrate that the activity-based

information generated by the model will help identify the relative cost- and environmental-

intensity of activities at Weber State University, and help university managers make more

informed decisions to focus on activities, products and services which are high-value and

low-environmental intensity.

Page 12: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

• September 11 - 13, 2017 - Naperville, Illinois

• December 4 - 6, 2017- San Diego, California

• March 5 - 7, 2018 - Alexandria, Virginia

• June 4 - 6, 2018 - Seattle, Washington

• September 10 - 12, 2018 - St. Louis, Missouri

• December 3 - 5, 2018 – Austin, Texas

Upcoming CAM-I Meetings

Page 13: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Target Costing:

Target Costing - The Next Frontier in Strategic Cost Management

Hitting The Target – The CAM-I Target Costing Implementation Guide

Process Based Management:

The Road to Excellence – Becoming a Process-Based Company

Process Based Management – A Foundation for Business Excellence

Planning and Budgeting:

The Closed Loop – Implementing Activity Based Planning and Budgeting

Change Adaptation and Learning:

Chasing Change – Building Organizational Capacity in a Turbulent Environment

An ABC Manager’s Primer

Capacity Measurement & Improvement:

Guide to Evaluating & Optimizing Productivity

The 60 Minute ABC Book:

Activity-Based Costing for Operations Management

Cost Management for Today’s Advanced Manufacturing

Landmark CAM-I Publications

Page 14: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Mi Tierra and La Margarita in the Market Square

Ashok G. Vadgama

President

CAM-I

Srikant Sastry

Chairman

National Managing Principal

Grant Thornton LLP

Anthony Scardino

CFO

USPTO

CAM-I Board of Directors

Scott F Renier

Business Development

and Strategy

Navistar Inc.

Anthony Pember

Senior Manager

Grant Thornton LLP

George Millush

Chrysler – (Retired)

CAM-I Advisor – Director in charge of research

Dr. Bala Balachandran – J L Kellogg Distinguished Professor (Emeritus in service) of Accounting &

Information Management, Northwestern University, USA

Founder, Dean & Chairman, Great Lakes Institute of Management, India

Page 15: Consortium for Advanced Management - International - CAM-I · What is CAM-I? CAM-I (Consortium for Advanced Management-International) is an ... • Packaging PMF instructor materials

Over Four

Decades of

Industry-led

Collaborative

Research

Global Leadership in Cost, Process and Performance Management © 2017 CAM-I. All Rights Reserved.

Ashok G. Vadgama

President

[email protected]

Phone: (512) 617-6428

Contacts